Par3 Software Solutions Private Limited
About Par3 Software Solutions Private Limited
Data last updated:
Par3 Software Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and IT solutions segment of the software and technology sector. It was incorporated on 20 July 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2015PTC101476.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ashok Ramachandran and Sadayappan Ramachandran.
Its last annual general meeting (AGM) was held on 22 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹40.31 Lakh, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹92,616 (net margin -2.3%) and EBITDA of -₹3,284 (EBITDA margin -0.1%).
Company details
Contact details
Par3 Software Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP3/B3B La Celeste Xs Real Nethaji Street Raja Rajeswari Nagar Madanandapuram Po, Rur, Chennai, Tamil Nadu, India – 600125
- IndustrySoftware, Software Development, Software Services
To see the full contact details of Par3 Software Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Par3 Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Par3 Software Solutions Private Limited, buy the company report.
Financials of Par3 Software Solutions Private Limited
FY 2018 filings availablePar3 Software Solutions Private Limited reported revenue of ₹40.31 Lakh (up 48% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 48% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹3,284 | ||
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| Net Profit (PAT) | -₹92,616 | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||
| EBITDA Margin | -0.1% | ||
| Net Profit Margin | -2.3% | ||
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To see the full financial statements and ratios of Par3 Software Solutions Private Limited, buy the company report.
Board of directors of Par3 Software Solutions Private Limited
Par3 Software Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Ramachandran | Director | 20 Jul 2015 | 11 Years 3 Months | As last reported |
| Sadayappan Ramachandran | Director | 20 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Par3 Software Solutions Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Microstar System Private Limited | ₹40.32 Lakh (FY 2018) | -43.0% | Chennai, Tamil Nadu, India | |||
| Elysium Infoservices Private Limited | ₹40.32 Lakh (FY 2024) | -58.0% | Thiruvananthapuram, Kerala, India | |||
| Tecrizon Labs Private Limited | ₹40.31 Lakh (FY 2016) | 59.0% | Thrissur, Kerala, India | |||
| Par3 Software Solutions Private Limitedthis company | ₹40.31 Lakh (FY 2018) | -₹92,616 | -2.3% | 48.0% | Chennai, Tamil Nadu, India | |
| Destinee Visaworld Private Limited | ₹40.29 Lakh (FY 2016) | 26.0% | Vadodara, Gujarat, India | |||
| Mycotra Technologies Private Limited | ₹40.27 Lakh (FY 2022) | 541.0% | Bengaluru, Karnataka, India | |||
| Ciesto Software Private Limited | ₹40.26 Lakh (FY 2023) | Hyderabad, Telangana, India |
To see the full peer comparison of Par3 Software Solutions Private Limited, buy the company report.
Auditor
Par3 Software Solutions Private Limited is audited by AAB & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AAB & Associates | FY 2017 | 015286S |
Shareholding
The shareholding of Par3 Software Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Par3 Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Par3 Software Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Par3 Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Par3 Software Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Par3 Software Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Ashok Ramachandran was appointed as Director on 20 Jul 2015.
Frequently asked questions
Par3 Software Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Par3 Software Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in software development, within the software industry. It was incorporated on 20 July 2015 and is registered under CIN U72200TN2015PTC101476. The company has been struck off by the Registrar of Companies and is no longer operational.
Par3 Software Solutions had 2 directors:
- Ashok Ramachandran - Director
- Sadayappan Ramachandran - Director
The CIN (Corporate Identification Number) of Par3 Software Solutions is U72200TN2015PTC101476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Par3 Software Solutions is at P3B3B La Celeste Xs Real Nethaji Street Raja Rajeswari Nagar Madanandapuram Po, Rur, Chennai, Tamil Nadu, India – 600125.
Par3 Software Solutions was incorporated on 20 July 2015. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Par3 Software Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 22 September 2018. Year-wise statements from FY 2016 are in the company report.
Par3 Software Solutions operated in the software industry, in the software development segment. It worked in this industry before it was struck off.
The peers of Par3 Software Solutions by revenue are Microstar System Private Limited, Elysium Infoservices Private Limited, Tecrizon Labs Private Limited, Destinee Visaworld Private Limited, Mycotra Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ashok Ramachandran was appointed as Director on 20 Jul 2015. Sadayappan Ramachandran was appointed as Director on 20 Jul 2015.
The compliance status of Par3 Software Solutions is active non-compliant as of 21 July 2026.